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MercoPress, en Español

Montevideo, October 18th 2025 - 10:22 UTC

Tag: Scott Bessent

  • Thursday, October 16th 2025 - 09:33 UTC

    Bessent steps in to keep dollar from soaring in Argentina

    El cambio de tendencia en el mercado se produjo por la tarde, cuando Bessent anunció que volvería a vender dólares

    Argentina's financial markets bounced back on Wednesday following an intervention and new statements from US Secretary of the Treasury Scott Bessent after initial fearful trading resulting from US President Donald Trump's conditional endorsement of the South American country.

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  • Friday, October 10th 2025 - 10:03 UTC

    US buys Argentine pesos to rescue Milei from “acute illiquidity”

    Bessent threw a lifeline to Milei's remaining two years in office

    US Secretary of the Treasury Scott Bessent announced on Thursday a currency swap with Argentina, whereby Washington would obtain pesos from the South American country in exchange for US$20 billion, following intensive meetings in Washington with Economy Minister Luis Toto Caputo.

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  • Tuesday, October 7th 2025 - 10:11 UTC

    Argentine Economy Minister seeks help from Bessent and Georgieva

    An announcement is expected after Caputo's trip to Washington

    Argentine Economy Minister Luis Toto Caputo held key meetings on Monday in Wasdhington, DC, with US Treasury Secretary Scott Bessent and International Monetary Fund (IMF) Managing Director Kristalina Georgieva in search for a lifeline ahead of the Oct. 26 midterm elections when the ruling La Libertad Avanza (LLA) of President Javier Milei will seek to build political muscle to face the administration's remaining two years. A concrete announcement is expected from Caputo's meetings.

  • Friday, October 3rd 2025 - 10:55 UTC

    Bessent insists US ready to help Argentina

    Under heavy flak for his crumbling economic policies, Milei likened Bessent to footballer Lionel Messi

    US Treasury Secretary Scott Bessent publicly reiterated his strong support for Argentine President Javier Milei's government, confirming that his agency was prepared “to do whatever it takes” to stabilize the South American country's economy and was working on a currency swap package believed to be around US$20 billion.

  • Thursday, October 2nd 2025 - 08:01 UTC

    “Argentina’s finances just got even more surreal”, by The Economist

    President Milei and mentor, Donald Trump, Make Argentina Great Again

    On September 22nd, 15 minutes before Argentina’s foreign-exchange markets opened, America’s government made an intervention. “Argentina is a systemically important US ally,” Scott Bessent, America’s treasury secretary, wrote on X, a social network. He added that the United States would “do what is needed” and that “all options for stabilization are on the table.”

  • Monday, September 22nd 2025 - 23:19 UTC

    Argentine economic frenzy slows down after US support and gov't's measures

    Bessent assured Washington would bail out a key ally such as Argentina

    After securing US financial support and implementing a temporary reduction in agricultural export taxes, Argentina's financial markets saw a significant turnaround on Monday.

  • Wednesday, July 30th 2025 - 20:55 UTC

    US imposes sanctions on STF Judge De Moraes

    The US Treasury Department “will continue to hold accountable those who threaten US interests and the freedoms of our citizens,” Bessent said

    The US Office of Foreign Assets Control (OFAC) on Wednesday imposed a series of sanctions against Federal Supreme Court (STF) Justice Alexandre De Moraes, whom the agency accuses believes to have violated freedom of expression through “arbitrary arrests” in the attempted coup trial and with his decisions regarding US social media companies.

  • Thursday, April 24th 2025 - 18:31 UTC

    Argentina's economic reform, an example to the world

    Argentina deserves the IMF's support because it is making real progress, Bessent noted

    International Monetary Fund (IMF) Managing Director Kristalina Georgieva expressed once again her support for Argentina's economic policies following an encounter with Argentine Economy Minister Luis Toto Caputo during the IMF and World Bank Spring Meetings in Washington.

  • Thursday, April 17th 2025 - 10:41 UTC

    Milei takes heavy flak in Bolivia for remarks alongside Bessent

    Milei forgot to mention “the deep social crises, the growing inequality, and the institutional violence that exist in their own territories,” Bolivia's Foreign Ministry stressed

    The Bolivian Government of President Luis Arce Catacora criticized Argentine ruler Javier Milei for his verbal attack on Latin American and Caribbean regional integration. During a press conference on Monday in Casa Rosada alongside US Secretary of the Treasury Scott Bessent, the Libertarian leader criticized Bolivia's socialist economic model under the Movement Towards Socialism (MAS).

  • Wednesday, April 16th 2025 - 09:55 UTC

    Chinese Embassy in Buenos Aires rebukes Bessent's remarks

    Some people with ulterior motives are trying to sow discord in Sino-Argentine and Sino-African relations,” the Chinese Embassy underlined

    The Chinese Embassy in Argentina issued a strong rebuke against US Secretary of the Treasury Scott Bessent for his statements during his visit to Buenos Aires on Monday, accusing him of “maliciously slandering” China by labeling its bilateral swap agreement with Argentina as “rapacious” and debt-heavy.

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